What is the difference between long-term care insurance and health insurance?

Long-term care insurance and health insurance are two different types of insurance. Long-term care insurance is an insurance policy that is specifically purchased to cover the costs of long-term care services such as nursing home, assisted living, home health care and other long-term care services. These policies typically cover all or part of the cost of care for a person who is unable to perform activities of daily living on their own due to age or disability. Health insurance, on the other hand, covers medical expenses. This type of insurance helps cover the cost of doctor visits, surgeries, hospital stays, medicine and more. Long-term care insurance in California is regulated by the California Department of Insurance. Health insurance in California is regulated by Covered California and the federal government. Health insurance offers a wide range of benefits, while long-term care insurance is designed to provide financial protection against the cost of long-term care services. In summary, long-term care insurance is designed to cover the costs of long-term care services, while health insurance is designed to cover medical expenses.

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What is the difference between long-term care insurance and health insurance?

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